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20121205
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Search Results 0 to 49 of about 61 (some duplicates have been removed)
CBS
Dec 6, 2012 5:00am EST
signs of some serious talking when it comes to taking care of the fiscal cliff. >> jessica doyle is here with more on the growing fears about what could happen if the stop signs aren't thrown up in time. >> good morning to both of you. we continue to see the situation play out like a high stakes game of chicken. the white house is saying publicly it will let the nation go over the fiscal cliff if republicans don't fall in line with the president's demands to raise taxes on the rich. the g.o.p. is pointing fingers, too. you don't have to look too hard in washington these days to see the fiscal cliff theater. >> nobody wants to get this done more than me. >> our goal is to make sure it gets solved. >> the president is ready, willing and able, waiting to be able to sit down and seriously negotiate this. but they have to be willing to come to the table with specifics. >> the next 72 hours are critical. if he sits back and continues to play politics, that will give your answer where we're going. >> some lawmakers are actually going back home to their districts. congress has little scheduled b
FOX Business
Dec 7, 2012 1:00pm EST
on last minute notice. tracy: right. >> as we come closer and closer to the fiscal cliff now the consumer is saying wait a minute, i'm hearing reports my taxes goo up additional five or 10,000 a year. i may start to temper my spending now. we're finally sighing the consume react. a good part that drove the decline in consumer confidence. ashley: talking about the jobs report, headline numbers great. we added more jobs than we thought. the unemployment rate down to a 10-year low. >> the report doesn't tell the entire story. first reaction. this is great report. double the consensus forecast. remember we only beat expectations because they were so tempered because we anticipated a negative effect from sandy. going through the different sectors aside from construction this appears this is clean report, really telling us what the underlying organ trend in the labor market is which says we're continuing to lose momentum from the initial very impressive job report at the beginning of third quarter. tracy: you say the fed will not be impressed with this kind of growth. what does that mean? >> we
FOX Business
Dec 12, 2012 6:00pm EST
.s. falls off the fiscal cliff, speaker john bain ser slamming the brakes on any hopes a deal is coming soon, making it clear both sides have differences. second in command, eric cantor warning members not to make any plan for holidays, and kevin brady of texas, vice chairman of joint economic committee, thank you, are we still that far apart? >> you know we are. i started optimistic to get this done before the holidays, but, i don't feel that way, it seems to me the decision has been made, perhaps by white house to take us off this fiscal cliff. i think this is irresponsible to do it we're ready to work out a reasonable sound solution but i do not see that coming from the other side right now. tracy: is it because there is so much going on behind scenes. they think there is a lot of secret wheeling and dealing with john boehner and the president do you agree? >> i do not, i think he -- they have been sporadic talks, i know speaker boehner has been frustrated with how slow the responses have been. again, you know, not just tax rates it is authentic spending cuts, if we don't find a way to fa
FOX News
Dec 8, 2012 3:00am PST
in sight for the fiscal cliff hanger. >> when it comes to the fiscal cliff threatening our economy and jobs the white house has wasted another wee>> why speaker says the president's my way or the highway approach is getting us nowhere. >> the feds are borrowing nearly a billion dollars a day. so why is the white house saying reducing our debt not really the goal? >> thank you, eric, it's the most watched video on the internet of all time. he is set to perform for the president. gangnam style said about our soldiers a few years ago. that controversy kicking up this morning. "fox & friends" hour one begins right now. >> get out the coffee. wake up, everyone, thank you so much for waking up with tus, it is "fox & friends" on this saturday morning. dave bowling in for dave briggs. >> come in and do the show with us today. more filling in today than the regulars. we are glad to be on with you clayton. >> you are on an interesting morning because congress now just 23 days left, 23 days until we head off that flif. fiscal cliff. if you listened to speaker boehner yesterday he is reading reports th
MSNBC
Dec 12, 2012 3:00am PST
that in just a few short weeks, the fiscal cliff is coming to town ♪ merry cliffmas. and with a dramatic name like fiscal cliff, it's got to be exciting. jim? >> the president's asking for $1.6 trillion in revenue. >> $600 billion in tax hikes. >> entitlement reform. >> dividends and capital gains. >> discretionary spending. [ cheers and applause ] >> i'm up. what happened? is it over? [ bleep ] >>> good morning. it's wednesday, december 12th. look at that shot of new york city. >> wow. >> it's dark at 6:00 on the east coast. welcome to "morning joe." with us on set here in new york city, we have msnbc contributor, mike barnicle. >> in my ear, mika. >> no, he was at the white house. >> i don't understand. where's t.j.? >> he's off today. >> why's that? >> he was busy. he went to the white house. >> that's great. you know, alex went to the white house, too. >> and drove back himself. >> let me get this straight. so alex goes to the white house last night. >> mm-hmm. >> because, you know, right-wing bloggers, we actually -- that's how we get our talking points. they go down -- valerie and david
FOX News
Dec 12, 2012 2:00pm PST
thing. >> dana: 4:45. >> eric: we haven't talked about in a long time, the fiscal cliff. the only way you really talk about the fiscal cliff, might be this way. >> ♪ fiscal cliff, you know the time has come ♪ ♪ ♪ ♪ and it won't be sparing anyone ♪ ♪ you'll see ♪ you'll see >> eric: you accept it for me on twitter. i love it. keep it coming. >> bob: who is that? >> eric: todd chappelle. >> dana: i have something also about the fiscal cliff. something you haven't heard about is rural america is under threat from a major raise in taxes. death and state taxes. throw up the map. senator from wyoming put this out. 526,421 family farms threatened by the new death tax. mostly because assets are tied up in land. you're land rich and cash poor. this hurts a lot of people. >> greg: this plays in the old phrase buying the farm. >> dana: it plays in something i want to tease for friday, which is i am -- i got to buy the farm. get it. think we haven't heard that. >> bob: promote something? >> dana: on friday, tomorrow i'm going to vegas and i'm going to the national rodeo -- the nat
FOX Business
Dec 7, 2012 4:00pm EST
the fiscal cliff. dave: an exciting our coming up. we will tell you what drove the markets today with today's data download. of next week on wall street following better than expected november jobs report. the dow and s&p ending prior to eke out weekly gains, the nasdaq closed in the red ending down 1% a lot of that because of what happened to apple. financial and industrial for this week's top performing sectors while materials and technology lad a bit. the u.s. economy added 146,000 jobs in november as the unemployment rate dropped to four year low of 7.7%. today's report may not be as strong as it seemed, reporting employers added 49,000 fewer jobs in september and october than initially estimated. a preliminary reading showing consumer confidence plunging to its lowest level in four months. early december americans prepare for a potentially higher taxes at the beginning of next year. the index dropping 74.5 this month, far below november's reading of 82.7 and economists forecasts of 82.4. >> in the pits of the cme, michael tells us why dividend paying stocks are taught play regardless o
CNN
Dec 10, 2012 1:00pm PST
like a campaign rally. he's out there campaigning now for his position on the fiscal cliff and also campaigning against the anti-union vote that's coming up tomorrow in michigan. >> he certainly owes organized labor. and obviously if you're a democratic president and there's a ballot like this, certainly hard to see why you would stay away, especially in a state like michigan. but i think what we are seeing is the president applying pressure to the republicans and looking for wedges. one of the wedges we're going to see is the republicans who feel more strongly about the income tax versus republicans who feel more strongly about the capital gains tax. the president may offer different kind of concession, to those two groups. >> the criticism he's getting is instead of going out there and ka paining in michigan and elsewhere, bring these republicans over to the white house, get in a room, work out this deal this week as opposed to next week and resolve it so the country doesn't go over the fiscal cliff. >> where's congress right now? they're home. where's congress most of the time? a
FOX News
Dec 10, 2012 6:00am PST
happens with the fiscal cliff. that is coming. what it will cost you. bill: hello, old man winter. he is out there and he is acoming. a major blizzard raging across the midwest bringing record levels of snow. it is de10th, right? martha: it is time. bill: so who is next? ♪ . martha: old man winter, a major storm is pounding parts of the upper midwest, unleashing record levels of snowfall. that's a lot out there. high winds, frigid air. minnesota of course very used to this kind of weather this time of year but even this is really out of the ordinary. reporter tom halden with our minneapolis affiliate ksft. he is driving, i don't know if i recommend that. there he is. he is out of the car. how bad is it out there? >> reporter: well, martha, it is really cold. we have been driving around the twin city roads this morning. we've been streaming and thought, you know what? it is 12 degrees. we have a full foot of snow on the ground. the kids are out of school, a lot of them, why not hop out of the car and let you guys know that winter finally arrived here. you know what? this is normal ki
FOX News
Dec 7, 2012 3:00am PST
scott is an upand coming star . jimdemint's personal pick. >> steve: jay carny. the fiscal cliff thing. the average person really has no idea what that stands for. if you watch that. >> brian: you much the package. >> steve: no idea. something we learned about in school . i forgot about it. jay carny revealed yesterday. gretchen just said it is not a tax problem it is the way they waste our money. jay carny said deficit reduction is not the goal. are you kidding? here he is. >> deficit reduction is not the goal here. the reason to get our fiscal house in order and the reason to pass a deficit reduction package that is balanced and allows for economic growth is to put our economy on a sustainable fiscal path which again, in itself produces positive economic benefits and revenues are part of it this. the president put forth and entitlement reforms and savings gleaned from our health care entitlement programs need to be a part of it. the president has been specific about that. >> brian: he's talking about generalitiys about unnamed cuts. jay carny goes on to admit if the president's propo
MSNBC
Dec 12, 2012 2:30am PST
on a fiscal cliff deal. meanwhile, the president said he's confident republicans will cave on the tax increases. we'll discuss the fiscal cliff with our "morning joe" panel. >>> and now, mercifully, i need your help. are you with me on this one? the phrase fiscal cliff, i'm over it, time's up, date reached on the expiration, nails on the chalkboard annoying. can't we be a little more creative? this is where you come in. e-mail your alternative to the phrase "fiscal cliff," and i'll use the best one tomorrow on our show. we won't use fiscal cliff, i promise. so far, my best, budgetary bluff? yeah, the bar's been set very low. >>> up next, we'll huddle around the water cooler, where jon stewart stepped out of his comfort zone with an eminem-inspired rap for the michigan protesters. >>> well, enough with the real news. let's gather around the water cooler. and first, a little moment of silence. louis louis, who wouldn't miss a second of on-camera opportunity has been talking to the porcelain god all night. not sure why. we wish you the best, louis. see you tomorrow morning. >>> well, a d
CSPAN
Dec 6, 2012 7:00am EST
issues in general when it comes to the fiscal cliff. if you have questions about tax issues or comments about how taxes should be included in these discussions, he will be taking your calls. up next, we're going to have a look at republicans and the fiscal cliff negotiations with radio talk-show host and columnist armstong williams. that is coming up next as we continue the "washington journal." ♪ >> why a writers institute? i think it is very important within the culture. we are a culture of words, of voices. words are key to our imagination, our capacity to envision things. we ourselves are not completely tied to print on the page. but i think that there is no other art form so readily accessible other than perhaps -- but it is something -- there is something in literature that captures the humans. . >> this weekend, we look behind the scenes at the history and literary life of new york's capital city, albany, on c-span to and it c-span3. span3.c- [bell rings] >> this weekend on c-span3, follow harry truman's eldest grandson to hiroshima. >> everybody has their own view of what happ
FOX Business
Dec 11, 2012 6:00pm EST
. tracy: hard to tell, though, because everything's overshadowed by the fiscal cliff. do you worry, like, inflation is going to come and bite us in the butt one of these days? i mean, there's a lot of money out there. >> well, i watch that very, very carefully, and i don't think that's an immediate risk. in regard to the fiscal cliff, i think the right thing to do is to let the tax rates go up across the board, just like they agreed to do. i think we ought to have middle income americans as well as high income americans having a reduction of those tax rate cuts we saw. tracy: take more from my paycheck, let the fed put money into the system. does it make sense at the end of the day? shouldn't i keep my money, get out there and spend it and let the fed keep theirs? >> well, that's, you got a good point, and i agree that instability and monetary policy is not very effective, and so i'm not looking for very much from the fed tomorrow. tracy: no, yao not alone, sir. wayne, former fed reserve governor, thanks for taking the time. >> you're welcome. tracy: all right. well, if you are fired up
FOX Business
Dec 11, 2012 1:00pm EST
as the fiscal cliff. were talking about using something is coming, you think that is good news. >> there is always the inside game and the outside game. they will talk to their base and their constituents. they have to get something by the 18th which is next tuesday so they can vote an on it. the matter what it is, something will be coming out of there. nicole: something will be better than nothing out of washington. that is the latest. he sounds pretty happy at least at the moment. today he is positive. tracy: here is a glass half full. we will take it. ashley: thanks, guys. looking at the old tea leaves of what is going to happen with speaker boehner taking the house floor with 20 days until we fall off the fiscal cliff he says it is time for president obama to get serious. really? rich edson in d.c. for all of this. >> actually somebody has to be positive, right? in d.c. we are not getting it right now. sources are looking at these meetings and saying there is essentially no move in it the last couple of weeks or so. house speaker john boehner confirms that on the house floo
MSNBC
Dec 11, 2012 10:00am PST
the president will get serious when wh it comes to the fiscal cliff talks. meanwhile, nbc's first read team says any deal reached should be a fragile one or could be. "news nation" is coming up in three. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. hurry in and try five succulent entrees, like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99.
Current
Dec 11, 2012 3:00am PST
speaker boehner is facing some intense pressure, not just when it comes to the fiscal cliff, but also over his ability to remain head of the house. several members of the g.o.p. have already hinted that they will not vote to re-elect him. just yesterday the conservative interest group american majority action endorsed georgia representative tom price to replace boehner. the group is launching a lobbying effort, trying to get more rank and file republicans on board with that vote. for now, boehner is not in any danger and a spokesman says price will not challenge him but house members can vote for anyone they choose come january 3rd. >>> when it does come to the fiscal cliff, both boehner and obama say they want more specifics. the president is promising $400 billion in reduced entitlement costs but boehner's office wants more details on what exactly those will be. and boehner is claiming he will increase tax revenue by limiting deductions and loopholes but has still failed to specify exactly which ones. at a michi
FOX News
Dec 11, 2012 3:00am PST
've heard a million times, the end of the year, that's the fiscal cliff if we don't come up to a solution by then, we're going to sail off the fiscal cliff thelma and louise style. washington doesn't work like where everybody is in the hall and work it out. no, they're estimating if we're going to wind up with a deal that will go into effect on the first day of january, 201, they've got to hammer things out by this weekend. so this weekend is the fiscal cliff. >> gretchen: because it takes a while to write the bills. >> eric: and has to originate in the house and right now, john boehner and president obama are miles apart allegedly. it doesn't look like they're gotting any closer. so it's got to go to the house, then gets sent, assuming it passes, to the senate, gets marked up and has to be agreed upon in committees and conference and then eventually gets signed by the president. >> steve: it just takes time. >> eric: there is a holiday. >> gretchen: somebody who had to handle something similarly about a decade ago was rudy guiliani when he was mayor of new york city. he was faced with a
CNBC
Dec 10, 2012 7:00pm EST
in this fiscal cliff fix, but the fix may be coming. i'm kudlow. we'll be right back. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> u.s. tax dollar funded battery marker a-123 systems is up for sale. the winning bid goes to -- china. so i asked was red china rising why u.s. taxpayers have to finance their battery companies. here's ann lee, author of "what the u.s. can learn from china," professor of nyu and visiting professor from beijing university and author kwof "death by china" and cnbc contributor. ann, let me go to you first. if we, the u.s. taxpayer and government are dumb enough to build a goofy battery company that goes bankrupt why shouldn't china scoop it up? >> i think this is a great story. first of all, taxpayer money wasn't wasted. all that money from the government went to help property plant an
FOX News
Dec 7, 2012 7:00pm PST
was an empty letter. >> when it comes to fiscal cliff that's threat nick our economy and threatening jobs, the white house has wasted another week. >> tax cuts is what caused the fall of the united states from super power status. >> this president just won a big election and you would think that he would want to lead. >> we've had the election. the president was clear in the campaign that he was advocating and fighting for the middle income tax cuts. >> tax cuts. the whole premise of tax cuts is going to be blamed for all of this economic mess. >> this is a moment of truth. the clock is ticking, christmas it coming, the goose is getting fat. in many homes across america, it's a very, very lean time. >> the reports indicate that the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. >> greta: with us is co-host of the five, greg gutfeld. he has a new book out, the joy of hate. he's been on a road trip having a book tour, so he has been talking to lots of people and they have been talking to him. so we want to know. are americans frus
MSNBC
Dec 11, 2012 3:00am PST
that extra half hour to work things off. we have a good show coming up today, mika? >> the fiscal cliff stuff, the one-on-one noexations are going well. "getting more serious." the fight about it all continues. how about right to work. thousands of people are expected to converge on the michigan state capital in lancing today, as part of a controversial union battle that is about to unfold. >> that is going if be fascinating. >> are we going to be serious? >> yes, yes. when in doubt, serious. >> asking you about pot or growing the economy? growing weed or the economy? >> republican lawmakers are trying to push through this. >> michigan is a heavily unionized state, why would it be going right to work? enormous downward pressure on american wages coming from companies all over the world that can make things cheaper here than else where. our wages are competitive in lot of ways. do you want fewer jobs at higher wages or more jobs at lower wages? what you see in this is a decision that we want more jobs. >> you look at the trend lines for michigan, detroit. i think that's a pretty easy. i mean,
MSNBC
Dec 6, 2012 6:00am PST
, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there is no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. >> and that is the important phrase there, prepared to go off the cliff if there is no agreement on raising those rates. we're going to get to that in a minute. utah republican senator orrin hatch fired back and said, quote this, is one of the most stunning and irresponsible statements i've heard in some time. the american people want us to find a reasonable path forward not to rattle our sabers and play this dangerous game. of course, both sides are playing games. they are rattling their sabers. house members streamed out of the capitol and headed out of town wednesday after canceling today's session. they insist nothing will get done until the president makes a counteroffer to what they say is their full fledged proposal for monday. >> the revenues we're putting on the table are going to come from, guess who? the rich. there are ways to limit deductions, close loopholes, and have the same peop
CNBC
Dec 5, 2012 11:00pm EST
money" will be right back. >>> coming up -- secret garten. with fiscal cliff concerns swirling -- >> it's not a game i will play. >> cramer's trying to protect your portfolio from a possible fall. and tonight he's found an under the radar reit that could provide cover. don't miss his exclusive with weingarten ceo next. >>> and later, love thy neighbor? forget china. there's a skyrocketing industrial boom just south of the border. want to find out how to hop aboard this new growth theme? cramer's got one play that can put you on the right track. >>> plus -- waiting for washington to rise above? get your portfolio prepared for whatever happens. call, tweet, or e-mail and find your way to the latest edition of "am i diversified" all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send jim an e-mail. or give us a call. miss something? head to madmoney.cnbc.com. >>> an environment where everyone is still terrified about the potential impact of the fiscal cliff, i want to give you stocks that you can fa
Current
Dec 11, 2012 5:00pm PST
. when it comes to the fiscal cliff, you have to go back to that quickly. are you going to be there on december 31st at 11:59 voting on a deal or will there be something beforehand? >> all of the commentators seem to think there is going to be a deal. i don't know. the republicans seem to be caving in or beginning to set the door to cave in on agreeing to some tax rate increases. but a deal that says what some people are talking about will increase the tax rates to not as much as they were under clinton. and return will put a limit on cost of living increases for social security, will increase the eligibility age for medicare. as the republicans are demanding is not an acceptable compromise as far as i'm concerned. you have a lot of democrats voting against any such agreement. >> eliot: you are raising the critical issue that has not gotten any substantial and necessary attention as it should which is what will the cost-cutting be. where will it come from? how will entitlements be affected if at all and wh
ABC
Dec 7, 2012 2:35am EST
the season. but time clearly seems to be running short. fiscal cliff, no hockey. what is wrong? come on, america. >> america. like $1 billion apart. >> wow. >> sad. much different labor issue cropped up outside a wal-mart in kansas city. mom to be, get it, labor. started feeling woozie while in the checkout line. she stepped outside for fresh air. that is when her water broke. >> oh, and game on after that. >> fortunately, off duty police officer, matt fell temperatuphe personal superhero with the help of the fire fighter and salvation army bell ringer they delivered her baby girl just eight minutes later. both mother and baby are doing just fine. >> eight minute delivery. >> eight minutes. jealous of that. hope she got the receipt for the baby highlighted as she left the door that. would be good. >> i go out. >> thank you. funnyman, bill murray in a very presidential movie role. >> living longer than you can possibly imagine, maybe even want, what the seniors of tomorrow can expect from the active elderly off to day. it's coming of on "world news now." ♪ forever young forever young
CSPAN
Dec 5, 2012 1:00am EST
incomes. significant increases in both are scheduled. as you think about the fiscal cliff and what is coming, one of the few places you can see people responding to it is in their behavior around capital gains and dividends. companies are moving up to how, shareholders take a vintage of a lower rate. i expect you will see more investors realize lower capital gains in order to get lower rates. there is clearly money there. there is clearly money that has interesting, distributional characteristics. as you think about the political process trying to structure when a package with a revenue goal and a distribution goal, my prediction is you will see at least some of those increases occur. i personally would be surprised if the dividend rate went back up to ordinary rates. the senate would allow it to stay at the capital gains rate, and go it to 15% to 20%. the president initially proposed cutting dividends they the same as capital gains. my guess would be that that is where we end up. >> what would you say is best? should the dividend be the same as capital gains tax >> i find it hard.
CSPAN
Dec 12, 2012 12:00pm EST
by the inability of congress to come together on solving the fiscal cliff, the so-called fiscal cliff. we understand that this needs to be avoided. going off the fiscal cliff could cause a major damage to our economy. if we take no action by january 1, as i'm sure most people are now aware, tax rates will go back for all taxpayers to the pre-bush tax rates. the alternative minimum tax that shields tens of millions of americans from paying extra income taxes will expire and millions of americans will be subject to extra taxes. the unemployment insurance program will come, the extended benefit program will come to a halt, the payroll tax holiday will end and individuals' take-home pay will be reduced. we have a serious problem on medicare reimbursement to our physicians. they would be subjected to a significant cut, close to 30% which would have an impact on seniors and our disabled population having access to physician care. and we would go through what's known as sequestration which is across-the-board cuts to almost all federal programs ranging from 8% to about 10% across the board cuts.
ABC
Dec 10, 2012 2:05am EST
the economy from going over the fiscal cliff. >> all right. then crunch time. we all have the nfl week 14 action. as the the playoff picture starts to come more into focus. >> big, big football weekend right. >>> later, up for auction, a classic piece of casablanca's rich history is being sold 70 years later. i love that story! >> that's a great movie. first, family and friend mourning the loss of jenni rivera, a superstar of latin music. >> the so-called diva rivera had finished a concert and was on the way to another when her small plane crashed. abc's larry jacobs as the story. ♪ >> reporter: bewilderment and sense of loss among jenni rivera's fans in the los angeles area following news of the singer's plane crash in mexico. >> i think pretty devastate ford a lot of people. >> reporter: the mexican-american singing superstar was traveling in a jet early sunday morning when co comptrollers lost contract. mexican official say they have found the wreckage but no survivors. >> right now it is confirmed the plane went down. the plane is totaled. it's, nobody inside survived. >> reporter:
CNN
Dec 11, 2012 6:00am PST
will keep coming, and we will not hit the fiscal cliff. >> all right, gentleman, thank you for your insight. we'll see if there'll be a deal. time is running out. >>> live pictures as protesters outside the state capital continue to gather in lansing, michigan. hundreds are there to protest the right to work vote. today our poppy harlow is live inside the state capitol right now. poppy, what are you seeing around you. paint a picture for us inside the capitol. >> reporter: absolutely. well, we just got in some video, so hopefully our viewers can see that. this is the scene of the house senate chambers here at the state capitol in lansing, michigan. the house is currently in session and could vote any moment on this bill for right to work. i want to walk you -- it's really loud, but i want to walk you into the hall here. somewhere between 400 and 500 protesters chanting, we are union, we are union. [ inaudible ] >> all right, all right, poppy, we're going to give you a second to move a little bit inside the capitol there. we can't understand most of what you are saying. clearly, a lot of peo
CNN
Dec 6, 2012 2:00am PST
not faced a grand jury or been indicted. >>> let the countdown continue. 26 days until the fiscal cliff. the focus has been on taxes but that's only half of what this is all about. the other ways you could be affect, coming up. to test the 2.0-liter turbo engine. [ engine revs ] ♪ [ derek ] 272 horsepower. the lightest in its class. the cadillac ats outmatches the bmw 3 series. i cannot believe i have ended the day not scraping some red paint off on these barriers. ♪ [ male announcer ] the all-new cadillac ats. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. sven's home security gets the most rewards of any small business credit card! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses dese
CSPAN
Dec 11, 2012 7:00am EST
are the drivers of deficit. if we can come as part of avoiding the the fiscal cliff, put in place a framework where that's done seriously, i would be all for it. host: what about adding new stimulus money? guest: i don't think the previous stimulus was well done. i think it was too have the on government spending and not enough on reducing the tax take of the federal government, putting the money in the hands of the actual households. i'm for allowing the payroll tax deduction that occurred in 2011 and 2012, i support continuing that. if that would put money directly in the pockets of working families. that could actually help the economy. i am dubious that more spending through stimulus type measures that were enacted in 2009 would do much good. i don't think they did very much good the last time. host: your take? guest: a one-year deferral would be ok. the rest of the package looks good. i think on the stimulus idea, the $50 billion you mentioned, we still have an unemployment rate of 7.7%, which is very high by historical standards. this recovery is very fragile. if we start raising revenu
FOX News
Dec 10, 2012 8:00am PST
's very foggy about seeing the picture of how exactly this all comes together on the fiscal cliff negotiations. while there are outlines of what a possible compromise could look like, liken stead of raising tax rates to 39.6% which was the clinton-era rate, maybe go to 37% and close some loopholes and deductions. there are still not indications that house republicans are willing to do that. and on the spending side, which really if you look at the media across the board, there hasn't been a lot of focus on it at all. the spending side. and what spending cuts are on the table. we haven't heard anything specific about what is in addition to what's been out there from the very beginning. jon: right because the republicans claim the country doesn't have an income or a revenue problem it has a spending problem, and that's where republicans say the bulk of the savings, or the rescue plan for this -- this budget is going to come. >> reporter: sure, i mean you have some proposals that are out there, for example, means testing, medicare, social security. you have adjustments to consumer pr
PBS
Dec 10, 2012 6:00pm PST
't be happy about it. >> reporter: as lawmakers rush to rescue the economy from the fiscal cliff emergency, they have focused -- as have we thus far -- on itemized deductions. but when it comes to tax breaks or preferences, says robert... >> not just deductions. it includes things like exclusion from income, the biggest one of which is the we don't tax you on the premiums your employer pays for the health insurance we get. much bigger than anything on the deduction side. it's not the only exclusion we have. the exclusion of all the contributions to the retirement plans, your 401(k), your irks r.a., also very, very large. >> reporter: we're not going to start counting as income the money that our employer puts in for our medical insurance, are we? or for that matter, we're not going to get rid of the exclusion for putting money into a 401(k) to deaver taxation but encourage us to save more. >> it's pretty unlikely we'll count all of that income. we're already scheduled to count some of the premiums paid your employers. in 2018 the obama care will start taxing the very highest premiums, the
FOX News
Dec 9, 2012 3:00am PST
: a pleasant thought. what's happening in 23 days from now, that of course is the fiscal cliff. it was disheartening to hear john boehner come out yesterday and say we are nowhere near any sort of progress or any sort of outcome. >> we have been talking. >> clayton: we have been having lunch, haven't been talking to the other side. and look we have the countdown clock, 23 days. and republicans are basically saying, look, the president doesn't want to do this, doesn't want to have an agreement. the president though is saying, look, we can get this done. let's listen to the president first. >> when all of this, bypassing a law that prevents a tax like on the first $250,000 of everybody's income, that means 90% of americans and 97% of small businesses wouldn't see their income taxes go up by a single dime and even the wealthiest americans would get a tax cut on the first $250 of their income and families everywhere would enjoy some peace of mind. >> see, the thing is here, republicans think that the president doesn't want to do anything. at the end of the day, if the president dog
ABC
Dec 11, 2012 1:40am PST
of the fiscal cliff and he's apparently going to stay at his job. >> even with that cliff, i think you'll be all right, dude. congratulations. >>> coming up after the break, her death was a huge loss to the music world and fans throughout the world. we'll go live to los angeles to talk to our media consultant. about what jenni rivera meant to the music. >>> but first, an amazing breakthrough. how researchers are using hiv to help fight cancer. it's coming up on "world news now." >>> "world news now" weather brought to you by consumer cellula cellular. >>> a dramatic new direction in fighting cancer is now raising hopes of finding a way to eliminate the disease all together. >> this is just unbelievable. doctors are using the virus that causes aids to reprogram patient's immune systems. chief medical editor dr. richard besser explains. >> reporter: emma's leukemia seemed undefeatable, no treatments left, and she was only 6. then in april, a last gamble using hiv to cure, not kill. doctors took out millions of emma's disease fighting white blood cells and used a genetically altered h
FOX Business
Dec 10, 2012 11:00am EST
to you and wait to see it. connell: to that point, if you are right about that, and the fiscal cliff does give push forward in some form again, if it is not may be priced in, the market may have a little bit of room to rally on it. if you look at the economy, it is actually doing okay. i think those things go away if we get a deal. i don't think that is priced in at all. connell: great to have you on. thank you for joining us today. >> my pleasure. dagen: a stock alert for you. it could be a record-setting day at fedex. this could be the busiest day in the company's history. they have about 300,000 permanent workers worldwide. they add an additional 20,000 workers for the seasonal work. it is up 1%. goldman sachs, speaking of the economy: even in the firm's baseline forecast, you can expect economic slowdown in early 2013. things will be even worse if washington cannot cut a deal. financial conditions will very likely be cliff like, early january. connell: stick around for the story coming out of australia. the police there are warning drivers that a problem with apple maps can actually
CNBC
Dec 5, 2012 6:00pm EST
one didn't come down and hit me over the head and knock me out. apple. if we're going off the fiscal cliff, we know capital gains tax rates are going higher, right? right? that's obvious. do you think the republicans have the power to keep those capital gains rates down? apple's become a referendum on the president's power. right now he has the upper hand, then he can really roll them and intends to do so. it's reasonable to take some profits so you can pay the tax man more now rather than later. it's a wimpy thing, it's logical, makes perfect economic sense. so the stock gets hammered. it makes sense to sell it. but let's be less emotional and even clinical about this one. first, divide apple's share price by ten, now you have a stock that got crushed down to $54. when you do that, it isn't all that scary, is it? where does the pessimism fit in? when we have to endure the pin the tail on the selloff game, what excuses for the selloff myriad alibis i hear from today's action. apple's losing share to google, it doesn't have the right phones in europe, nokia's making a comeback, the mi
FOX Business
Dec 11, 2012 11:00am EST
believe the fiscal cliff will be resolved in some fashion. we believe we have major head winds coming out of europe in the early part of 2013. we have italian elections were not shot going to be pretty and spanish issues to deal with $90 billion or ninety billion euro of maturities in 2013. what we have to focus on as investors is where we can put capital and find a way to get a return that does not require the s&p to be rallying sharply. dennis: you have another worry, apple. if we fall out of love with apple can stocks do well? 18% of the nasdaq index? >> there can be plenty of stocks doing well as apple goes down but i'm a big believer in leading stocks in the market and over the last year you had things like chipotle, green mountain coffee, netflix, apple seems to have what i consider the characteristic of every major top of a great stock and went from 15 to 700. it is overloaned andover's about love and showing serious distribution and if it keeps going down i think it could be indicative of markets. dennis: not just falling out of love because it is a cheap stock, 14 times earnings
FOX News
Dec 11, 2012 4:00pm PST
progress in the fiscal cliff standoff. officials say president obama and the house speaker john boehner talked by phone tonight after each put new offers on the table. we are live in d.c. with the late breaking details on that. plus, we're getting more new reports from portland, oregon where there has been a series of shootings at the clackman's center mall. we can now report that multiple witnesses are saying to multiple television stations that a gunman had a rifle that more than 60 shots were fired and this is new. he was trussed in camo and wearing a mask and to the best of our knowledge, he is still in there somewhere. continuing breaking news coverage after this. ory keeps c. ory keeps c. so i'm not listening... to anyone but myself. i know better nutrition when i see it: great grains. great grains cereal starts whole and stays whole. see the seam? more processed flakes look nothing like naturalrains. you can't argue with nutrition you can see. great grains. search great grains and see for yourself. for multi grain flakes tt are anxcellent source of fiber try great grains banana n
FOX News
Dec 11, 2012 10:00am PST
to speak at these states regarding his position so that we do not go over the fiscal cliff and to work with republicans, he and democrats together, to come up with a solution so that we're not going to hell in a happened bag when it comes to -- handbag when it comes to december 31st at 12:015. it's very different. i don't have a problem with him speaking out on this in michigan and not wisconsin. alisyn: all right. leslie didn't see any conflict there. lars, what's your response to that? >> listen, here's what the president was doing back then. he was doing the same thing he's done for four years: jetting around the country giving speeches and raising money. and the fact is that he was not too busy to go to wisconsin. we all pointed it out at the time. he didn't want to go there, because he didn't think it was to his political advantage. now that he's been reelected -- and, again, i point out with literally hundreds of millions of dollars of union contributions -- the unions own this president, and this president now wants to sound like he's taking their side, and it's crazy. alisyn: l
Current
Dec 12, 2012 3:00am PST
negotiations to avert the fiscal cliff. >> the public spoke with this election. the republicans lost. and that means that they need to be the ones to come to the table, and they need to demonstrate that they can compromise. i don't think there is any question that this president has attempted over and over and over again to come to the table to compromise, you know, cut $1.6 trillion, you know, out of the budget cuts when the republicans held these guys up with the debt ceiling debate this last year 2011. for boehner, you know, where i feel he is losing credibility, one is by being, you know, beaten up by eric can'tor, two by refuse to go put up specifics and saying to the president of the united states you need to put up spending cuts. on needs to show leadship. >> without question. without question >> bill: you are right. that was the romney plan. the american people have spoken. they wanted the obama plan. >> his respect and popularity would go through the roof. >> president jim hoffa next. >> this is "the bill press show." [ music ] every day prese
ABC
Dec 12, 2012 1:40am PST
enough for your bathtub? >>> coming up next, president obama's comments on syria and the fiscal cliff made headlines. it's another abc news exclusive. >>> later, the advantages of inhaling rather than chewing. you're watching "world news now." ching "world news now." i'm done! "are you a cool mom?" i'm gonna find out. [ female announcer ] swiffer wetjet's pads are better than ever. now they have the scrubbing power of mr. clean magic eraser so you don't have to get down on your hands and knees to scrub away tough, dried-on stains. hey, do you guys think i'm "momtacular" or "momtrocious"? ♪ [ female announcer ] swiffer. now with the scrubbing power of mr. clean magic eraser. i just wish i could keep it this way. [ male announcer ] now you can. with the crest pro-health clinical line. used together, they help keep your teeth 97% as clean as a dental cleaning. the toothpaste actually reduces plaque. and the rinse reaches all areas and is clinically proven to help prevent plaque regrowth. crest pro-health clinical line. together, they help keep your teeth 97% as clean as a dental cleani
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